Mandrel Bars Market – Global Market Size, Strategic Growth Drivers, Risk Assessment Framework, Regulatory Landscape Review, Competitive Intensity Mapping & Long-Term Industry Outlook to 2032

7.6%
CAGR (2026-2032)
15.25 USD Bn.
Market Size
316
Report Pages
137
Market Tables

Overview

Mandrel Bars Market size was valued USD 15.25 Bn in 2025 and the total revenue is expected to grow about 7.6% from 2026 to 2032, reaching nearly USD 28.55 Bn.

Mandrel Bars Market: Overview

Mandrel Bar is used as a tool to produce seamless steel pipes which are large in diameter. This manufacturing of seamless steel pipes uses modern technology. Because of the rolling process of manufacturing method, the mandrel has to stand with large and complex stretching, thermal fatigue occurring due to high temperature to provide some characteristic like mechanical properties, chemical composition, grain size, non-metallic inclusion, microstructure, dimensional accuracy, ultrasonic testing, roughness and other are important.Mandrel Bars MarketTo know about the Research Methodology :- Request Free Sample Report

Most of the steel industries use Mandrels Bars supplied by Mandrel Manufacturers. The growth of mandrel bars is anticipated to grow with the growth of steel industries during the forecast period. Moreover, the mandrel is used in some end-user industries such as energy and power industry, Oil and Gas Industry, Food and Beverage industry, and in defense industry.

Mandrel Bars Market: Type

The Global Mandrel Bars Market is segmented by Type into Less Than or Equal To 200 mm and Greater Than 200 mm. The Less Than or Equal to 200 mm is the largest segment. Owing to the application of this seamless pipes in hydraulic system. Less than 200mm is the major segment for these seamless pipes, thus resulting in increasing demand for Global Mandrel Bar Market.

Mandrel Bars Market: Drivers and Restraints

Increasing industrialization and availability of tooling method are increasing market of mandrel market. Hydraulic power units are widely used in industrial application also in automotive application. For manufacturing of circuit of hydraulic system, seamless pipes are used. For manufacturing of these pipes mandrel bars are needed.

Some gas vessels are also manufactured by this method that needs high mechanical advantages for their high-pressure carrying capacity. This is expected to drive Global Mandrel Market.

Increasing Automation and electrical equipment capability to perform hydraulic unit task will reduce the use of hydraulic unit which directly impacts Global Mandrel Bars demand.

Mandrel Bars Market: Regional Overview

The Global Mandrel Bars Market is segmented region-wise into Asia Pacific, North America, Europe, South America, and Middle East & Africa. Asia Pacific region has dominance over the mandrel bar market owing to the larger manufacturing units of steel companies and also vast numbers of food and beverage industries. The mandrels bars are also used in oil and gas industries, this is also expected to grow market in Asia Pacific region as exploration activities are carried out in this region. North America is the second largest region in the Global Mandrel Bar market followed by Europe.

Mandrel Bars Market: Segmentation

The Global Mandrel Bars Market is segmented by Type (Less Than or Equal To 200 mm, Greater Than 200 mm), Application (Machinery, Others) and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific).

The report also helps in understanding Mandrel Bars Market dynamics, structure by analyzing the market segments and projects the Mandrel Bars Market size. Clear representation of competitive analysis of key players by Power range, price, financial position, Product portfolio, growth strategies, and regional presence in the Mandrel Bars Market make the report investor’s guide.

Mandrel Bars Market Scope: Inquire before buying

Mandrel Bars Market
Report Coverage Details
Base Year: 2025 Forecast Period: 2026-2032
Historical Data: 2020 to 2025 Market Size in 2025: 15.25 USD Billion
Forecast Period 2026-2032 CAGR: 7.6% Market Size in 2032: 28.55 USD Billion
Segments Covered: by Type Solid Mandrel Bars
Hollow Mandrel Bars
Fixed Mandrel Bars
Floating Mandrel Bars
by Application Seamless Pipe Manufacturing
Hot Rolling Mills
Tube Mills
Steel Processing Plants
Oil & Gas Pipe Production
By Diameter Size Less Than or Equal To 200 mm
Greater Than 200 mm
By End-Use Industry Oil & Gas
Automotive
Construction
Power Generation
Heavy Machinery
Infrastructure

Mandrel Bars Market, by Region

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

key players / competitors profiles covered in the Mandrel Bars Market report in strategic perspective

Aubert & Duval
Cogne Acciai Speciali
DEW
China South Industries Group Corporation
Vallourec S.A.
Tenaris S.A.
Nippon Steel Corporation
JFE Steel Corporation
ArcelorMittal S.A.
Tata Steel Limited
TimkenSteel Corporation
Voestalpine AG
SeAH Steel Corporation
United States Steel Corporation
Baosteel Group Corporation
Hyundai Steel Company
Gerdau S.A.
JSW Steel Ltd.
POSCO
Nucor Corporation
TMK Group
Salzgitter AG
Carpenter Technology Corporation
Lucchini RS

Table of Contents

Global Mandrel Bars Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Mandrel Bars Market Size, by Market Value (USD Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Mandrel Bars Market Analysis and Forecast 6.1. Mandrel Bars Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Mandrel Bars Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Mandrel Bars Market Value Share Analysis, By Application 7.4. Mandrel Bars Market Size (USD Bn) Forecast, By Application 7.5. Mandrel Bars Market Analysis, By Application 7.6. Mandrel Bars Market Attractiveness Analysis, By Application 8. Mandrel Bars Market Analysis and Forecast, By Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Mandrel Bars Market Value Share Analysis, By Type 8.4. Mandrel Bars Market Size (USD Bn) Forecast, By Type 8.5. Mandrel Bars Market Analysis, By Type 8.6. Mandrel Bars Market Attractiveness Analysis, By Type 9. Mandrel Bars Market Analysis, by Region 9.1. Mandrel Bars Market Value Share Analysis, by Region 9.2. Mandrel Bars Market Size (USD Bn) Forecast, by Region 9.3. Mandrel Bars Market Attractiveness Analysis, by Region 10. North America Mandrel Bars Market Analysis 10.1. Key Findings 10.2. North America Mandrel Bars Market Overview 10.3. North America Mandrel Bars Market Value Share Analysis, By Application 10.4. North America Mandrel Bars Market Forecast, By Application 10.4.1. Machinery 10.4.2. Others 10.5. North America Mandrel Bars Market Value Share Analysis, By Type 10.6. North America Mandrel Bars Market Forecast, By Type 10.6.1. Less Than or Equal To 200 mm 10.6.2. Greater Than 200 mm 10.7. North America Mandrel Bars Market Value Share Analysis, by Country 10.8. North America Mandrel Bars Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Mandrel Bars Market Analysis, by Country 10.10. U.S. Mandrel Bars Market Forecast, By Application 10.10.1. Machinery 10.10.2. Others 10.11. U.S. Mandrel Bars Market Forecast, By Type 10.11.1. Less Than or Equal To 200 mm 10.11.2. Greater Than 200 mm 10.12. Canada Mandrel Bars Market Forecast, By Application 10.12.1. Machinery 10.12.2. Others 10.13. Canada Mandrel Bars Market Forecast, By Type 10.13.1. Less Than or Equal To 200 mm 10.13.2. Greater Than 200 mm 10.14. North America Mandrel Bars Market Attractiveness Analysis 10.14.1. By Application 10.14.2. By Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Mandrel Bars Market Analysis 11.1. Key Findings 11.2. Europe Mandrel Bars Market Overview 11.3. Europe Mandrel Bars Market Value Share Analysis, By Application 11.4. Europe Mandrel Bars Market Forecast, By Application 11.4.1. Machinery 11.4.2. Others 11.5. Europe Mandrel Bars Market Value Share Analysis, By Type 11.6. Europe Mandrel Bars Market Forecast, By Type 11.6.1. Less Than or Equal To 200 mm 11.6.2. Greater Than 200 mm 11.7. Europe Mandrel Bars Market Value Share Analysis, by Country 11.8. Europe Mandrel Bars Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Sweden 11.8.7. Rest of Europe 11.9. Europe Mandrel Bars Market Analysis, by Country 11.10. Germany Mandrel Bars Market Forecast, By Application 11.10.1. Machinery 11.10.2. Others 11.11. Germany Mandrel Bars Market Forecast, By Type 11.11.1. Less Than or Equal To 200 mm 11.11.2. Greater Than 200 mm 11.12. U.K. Mandrel Bars Market Forecast, By Application 11.12.1. Machinery 11.12.2. Others 11.13. U.K. Mandrel Bars Market Forecast, By Type 11.13.1. Less Than or Equal To 200 mm 11.13.2. Greater Than 200 mm 11.14. France Mandrel Bars Market Forecast, By Application 11.14.1. Machinery 11.14.2. Others 11.15. France Mandrel Bars Market Forecast, By Type 11.15.1. Less Than or Equal To 200 mm 11.15.2. Greater Than 200 mm 11.16. Italy Mandrel Bars Market Forecast, By Application 11.16.1. Machinery 11.16.2. Others 11.17. Italy Mandrel Bars Market Forecast, By Type 11.17.1. Less Than or Equal To 200 mm 11.17.2. Greater Than 200 mm 11.18. Spain Mandrel Bars Market Forecast, By Application 11.18.1. Machinery 11.18.2. Others 11.19. Spain Mandrel Bars Market Forecast, By Type 11.19.1. Less Than or Equal To 200 mm 11.19.2. Greater Than 200 mm 11.20. Sweden Mandrel Bars Market Forecast, By Application 11.20.1. Machinery 11.20.2. Others 11.21. Sweden Mandrel Bars Market Forecast, By Type 11.21.1. Less Than or Equal To 200 mm 11.21.2. Greater Than 200 mm 11.22. Rest of Europe Mandrel Bars Market Forecast, By Application 11.22.1. Machinery 11.22.2. Others 11.23. Rest of Europe Mandrel Bars Market Forecast, By Type 11.23.1. Less Than or Equal To 200 mm 11.23.2. Greater Than 200 mm 11.24. Europe Mandrel Bars Market Attractiveness Analysis 11.24.1. By Application 11.24.2. By Type 11.25. PEST Analysis 11.26. Key Trends 11.27. Key Developments 12. Asia Pacific Mandrel Bars Market Analysis 12.1. Key Findings 12.2. Asia Pacific Mandrel Bars Market Overview 12.3. Asia Pacific Mandrel Bars Market Value Share Analysis, By Application 12.4. Asia Pacific Mandrel Bars Market Forecast, By Application 12.4.1. Machinery 12.4.2. Others 12.5. Asia Pacific Mandrel Bars Market Value Share Analysis, By Type 12.6. Asia Pacific Mandrel Bars Market Forecast, By Type 12.6.1. Less Than or Equal To 200 mm 12.6.2. Greater Than 200 mm 12.7. Asia Pacific Mandrel Bars Market Value Share Analysis, by Country 12.8. Asia Pacific Mandrel Bars Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Indonesia 12.8.7. Malaysia 12.8.8. Vietnam 12.8.9. Rest of Asia Pacific 12.9. Asia Pacific Mandrel Bars Market Analysis, by Country 12.10. China Mandrel Bars Market Forecast, By Application 12.10.1. Machinery 12.10.2. Others 12.11. China Mandrel Bars Market Forecast, By Type 12.11.1. Less Than or Equal To 200 mm 12.11.2. Greater Than 200 mm 12.12. India Mandrel Bars Market Forecast, By Application 12.12.1. Machinery 12.12.2. Others 12.13. India Mandrel Bars Market Forecast, By Type 12.13.1. Less Than or Equal To 200 mm 12.13.2. Greater Than 200 mm 12.14. Japan Mandrel Bars Market Forecast, By Application 12.14.1. Machinery 12.14.2. Others 12.15. Japan Mandrel Bars Market Forecast, By Type 12.15.1. Less Than or Equal To 200 mm 12.15.2. Greater Than 200 mm 12.16. South Korea Mandrel Bars Market Forecast, By Application 12.16.1. Machinery 12.16.2. Others 12.17. South Korea Mandrel Bars Market Forecast, By Type 12.17.1. Less Than or Equal To 200 mm 12.17.2. Greater Than 200 mm 12.18. Australia Mandrel Bars Market Forecast, By Application 12.18.1. Machinery 12.18.2. Others 12.19. Australia Mandrel Bars Market Forecast, By Type 12.19.1. Less Than or Equal To 200 mm 12.19.2. Greater Than 200 mm 12.20. Indonesia Mandrel Bars Market Forecast, By Application 12.20.1. Machinery 12.20.2. Others 12.21. Indonesia Mandrel Bars Market Forecast, By Type 12.21.1. Less Than or Equal To 200 mm 12.21.2. Greater Than 200 mm 12.22. Malaysia Mandrel Bars Market Forecast, By Application 12.22.1. Machinery 12.22.2. Others 12.23. Malaysia Mandrel Bars Market Forecast, By Type 12.23.1. Less Than or Equal To 200 mm 12.23.2. Greater Than 200 mm 12.24. Vietnam Mandrel Bars Market Forecast, By Application 12.24.1. Machinery 12.24.2. Others 12.25. Vietnam Mandrel Bars Market Forecast, By Type 12.25.1. Less Than or Equal To 200 mm 12.25.2. Greater Than 200 mm 12.26. Rest of Asia Pacific Mandrel Bars Market Forecast, By Application 12.26.1. Machinery 12.26.2. Others 12.27. Rest of Asia Pacific Mandrel Bars Market Forecast, By Type 12.27.1. Less Than or Equal To 200 mm 12.27.2. Greater Than 200 mm 12.28. Asia Pacific Mandrel Bars Market Attractiveness Analysis 12.28.1. By Application 12.28.2. By Type 12.29. PEST Analysis 12.30. Key Trends 12.31. Key Developments 13. Middle East & Africa Mandrel Bars Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Mandrel Bars Market Overview 13.3. Middle East & Africa Mandrel Bars Market Value Share Analysis, By Application 13.4. Middle East & Africa Mandrel Bars Market Forecast, By Application 13.4.1. Machinery 13.4.2. Others 13.5. Middle East & Africa Mandrel Bars Market Value Share Analysis, By Type 13.6. Middle East & Africa Mandrel Bars Market Forecast, By Type 13.6.1. Less Than or Equal To 200 mm 13.6.2. Greater Than 200 mm 13.7. Middle East & Africa Mandrel Bars Market Value Share Analysis, by Country 13.8. Middle East & Africa Mandrel Bars Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Mandrel Bars Market Analysis, by Country 13.10. GCC Mandrel Bars Market Forecast, By Application 13.10.1. Machinery 13.10.2. Others 13.11. GCC Mandrel Bars Market Forecast, By Type 13.11.1. Less Than or Equal To 200 mm 13.11.2. Greater Than 200 mm 13.12. South Africa Mandrel Bars Market Forecast, By Application 13.12.1. Machinery 13.12.2. Others 13.13. South Africa Mandrel Bars Market Forecast, By Type 13.13.1. Less Than or Equal To 200 mm 13.13.2. Greater Than 200 mm 13.14. Rest of Middle East & Africa Mandrel Bars Market Forecast, By Application 13.14.1. Machinery 13.14.2. Others 13.15. Rest of Middle East & Africa Mandrel Bars Market Forecast, By Type 13.15.1. Less Than or Equal To 200 mm 13.15.2. Greater Than 200 mm 13.16. Middle East & Africa Mandrel Bars Market Attractiveness Analysis 13.16.1. By Application 13.16.2. By Type 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Mandrel Bars Market Analysis 14.1. Key Findings 14.2. South America Mandrel Bars Market Overview 14.3. South America Mandrel Bars Market Value Share Analysis, By Application 14.4. South America Mandrel Bars Market Forecast, By Application 14.4.1. Machinery 14.4.2. Others 14.5. South America Mandrel Bars Market Value Share Analysis, By Type 14.6. South America Mandrel Bars Market Forecast, By Type 14.6.1. Less Than or Equal To 200 mm 14.6.2. Greater Than 200 mm 14.7. South America Mandrel Bars Market Value Share Analysis, by Country 14.8. South America Mandrel Bars Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Mandrel Bars Market Analysis, by Country 14.10. Brazil Mandrel Bars Market Forecast, By Application 14.10.1. Machinery 14.10.2. Others 14.11. Brazil Mandrel Bars Market Forecast, By Type 14.11.1. Less Than or Equal To 200 mm 14.11.2. Greater Than 200 mm 14.12. Mexico Mandrel Bars Market Forecast, By Application 14.12.1. Machinery 14.12.2. Others 14.13. Mexico Mandrel Bars Market Forecast, By Type 14.13.1. Less Than or Equal To 200 mm 14.13.2. Greater Than 200 mm 14.14. Rest of South America Mandrel Bars Market Forecast, By Application 14.14.1. Machinery 14.14.2. Others 14.15. Rest of South America Mandrel Bars Market Forecast, By Type 14.15.1. Less Than or Equal To 200 mm 14.15.2. Greater Than 200 mm 14.16. South America Mandrel Bars Market Attractiveness Analysis 14.16.1. By Application 14.16.2. By Type 14.17. PEST Analysis 14.18. Key Trends 14.19. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications, and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. BWI Group 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Aubert & Duval 15.3.3. Cogne Acciai Speciali 15.3.4. DEW 15.3.5. China South Industries Group Corporation

15.3.7 Vallourec S.A.
15.3.8 Tenaris S.A.
15.3.9 Nippon Steel Corporation
15.3.10 JFE Steel Corporation
15.3.11 ArcelorMittal S.A.
15.3.12 Tata Steel Limited
15.3.13 TimkenSteel Corporation
15.3.14 Voestalpine AG
15.3.15 SeAH Steel Corporation
15.3.16 United States Steel Corporation
15.3.17 Baosteel Group Corporation
15.3.18 Hyundai Steel Company
15.3.19 Gerdau S.A.
15.3.20 JSW Steel Ltd.
15.3.21 POSCO
15.3.22 Nucor Corporation
15.3.23 TMK Group
15.3.24 Salzgitter AG
15.3.25 Carpenter Technology Corporation
15.3.26 Lucchini RS

16. Primary Key Insights

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